Which australian bank offers the lowest interest rates under the debt consolidation loans for 1 year

Bankchart.com.au has surveyed the terms of the offered debt consolidation loans for 1 year in the national currency. Our website's analysts have studied the loan offers from all Australian banks.

As of 31 August 2018 the loans under review have been offered by 11 banks.  The average comparison rate under such loans equals 17,40 % p.a. The total number of the loan programs available for the specified loan terms is 21.

The most affordable personal loan is offered by Police Bank. The comparison rate under "DEBT CONSOLIDATION LOAN" loan program constitutes 7,90 % p.a. The table below shows the best offers by each bank selected by Bankchart.com.au (in terms of costs) for the aforementioned terms.

The TOP -11 debt consolidation loans loan programs for 1 year, as of 31 August 2018

To view the up-to-date rating of the personal loans at our website, click here.


Comparison Rate means quoted interest rate adjusted subject to non-recurring and periodical fee, if applicable.

Published: 25 September 2018

Source: http://bankchart.com.au

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